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Sunday, October 28, 2012

Business Plan Tips to Get You Started...


Need help getting your business off the ground an on paper? Well I have some key people you should consider in your search for help. 


My first recommendation is Christie Karis. Karis helps individuals in many of the vital areas of business start up including business plan writing, funding, development, and investments. She comes to the industry with over 30 years of experience and affordable services for someone needing that one on one assistance.What I like about Karis’s webpage is that she gives you the opportunity to see what she does. Her site is equipped with examples as well as an area to ask questions that she answers and see where others have asked some questions that you may have as well.

My second recommendation isn’t a person but more of a general resource that I can personally say is a good starting point, U.S Small Business Association (SBA). The reason I recommend this is because it really is a good resource for someone that just has no clue on where to begin. Once my business was on the ground and I used SBA to help generate my ideas to paper. Another benefit in this source is that you are learning and what’s required under the criteria that required for proposals to get funding, investors, and partners. The SBA website is equipped with information to help you position your business in the right market and understand how to get to other resources you need to start and run your business. One last thing I would recommend through SBA is to locate your local office. I had the opportunity to attend free workshops, and be mentored by a specific expert in business plan writing for free. So it’s truly a feasible resource.



When writing your business plan some of the key things to consider is:

- Your industry opportunities and target market
- Is there a need for your product or service?
- Cost to start business?
- Budget Projections (Can you make money?)
- Exit Strategy
- Income needs and goals
- Your strengths, weaknesses, and threats as a company

These points are key because investors want to know that you have thoroughly thought out your plan. They want to see that their money has the opportunity to make money. Investors know that things don’t always go as planned so they need to understand that you have a plan B is ever needed. Lastly investors want to know that you are starting a business not only cause your passionate but because you can run a business effectively knowing your industry. 

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